Walker's salary numbers wrong, per PFT

[crowebomber]

This is per PFT, so we'll wait to verify with a reliable source but:

RAIDERS PUT OUT WRONG NUMBERS ON WALKER

On Tuesday, it was reported by Adam Schefter of NFL Network that the Raiders signed receiver Javon Walker to a six-year, $55 million deal with $16 million in guaranteed money.

The news sent shock waves through the league. With Walker's knee problems, most believed that his best chance would be to sign a one-year "prove it" deal with a big option or roster bonus due in early 2009.

On Wednesday, the Raiders began to put out the word that the numbers on Walker weren't accurate. Jerry McDonald of the Contra Costa Times and others (including some Internet hack who'll be taking a much broader look at the Raiders organization for SportingNews.com on Friday) were told that Walker received a $6 million signing bonus, a $5 million base salary in 2008, and a $5 million base salary in 2009.

The Raiders explained that Walker's people were viewing the contract as being worth $16 million guaranteed because of the low likelihood that the team would cut him before the end of the second year of the deal, given the cap hit they'd take via the balance of the signing bonus acceleration.

As it turns out, and as we've confirmed by talking with multiple sources, the Raiders were spreading incorrect information.

The truth is that Walker received an $11 million signing bonus, and he'll get a $5 million roster bonus due in 2009, and the roster bonus is fully guaranteed against injury.

So the guarantee is $16 million, presuming that the Raiders won't decide to cut Walker because: (1) he's healthy; but (2) he's not good.

Also, Walker is scheduled to earn base salaries of $1 million in 2008, $4 million in 2009, $6 million in 2010, $8 million in 2012, $10 million in 2013, and $10 million in 2014.

As a practical matter, Walker's guarantee is actually $17 million, since it's highly unlikely that the Raiders will cut him before the start of the 2008 football season. And if the guarantee is calculated in the way that the Raiders tried to claim that the agents were trying to calculate the guarantee, the total guarantee is actually $21 million.

Why? Because it's highly unlikely that the Raiders are going to carry $9.17 million in dead money between 2009 and 2010, which is exactly what would happen if he's cut next year.

In fairness to the Raiders, they're now acknowledging privately that bad information was disseminated on Wednesday. Setting aside for now the question of whether that impairs the credibility of anything else they ever say from this point forward, we respect them for admitting that the numbers aren't what they said they were.

Besides, the Raiders need no punishment for their error, intentional or otherwise. The fact that the organization has welcomed a brand-new player by trying to understate his deal with bad information will likely trigger punishment enough once Walker comes to the same conclusion in Oakland that he reached after his time in Green Bay and Denver -- that he wants out.

[Merlin]

They are so incompetent they can't even tell when their spin doctoring actually can be used to make them look even more stupid. Davis should really consider cleaning house in management. If he can't rely on them to guide him, and they can't spin, what the h3ll is he paing them for?

[DenverBrit]

This is per PFT, so we'll wait to verify with a reliable source but:

RAIDERS PUT OUT WRONG NUMBERS ON WALKER

On Tuesday, it was reported by Adam Schefter of NFL Network that the Raiders signed receiver Javon Walker to a six-year, $55 million deal with $16 million in guaranteed money.

The news sent shock waves through the league. With Walker's knee problems, most believed that his best chance would be to sign a one-year "prove it" deal with a big option or roster bonus due in early 2009.

On Wednesday, the Raiders began to put out the word that the numbers on Walker weren't accurate. Jerry McDonald of the Contra Costa Times and others (including some Internet hack who'll be taking a much broader look at the Raiders organization for SportingNews.com on Friday) were told that Walker received a $6 million signing bonus, a $5 million base salary in 2008, and a $5 million base salary in 2009.

The Raiders explained that Walker's people were viewing the contract as being worth $16 million guaranteed because of the low likelihood that the team would cut him before the end of the second year of the deal, given the cap hit they'd take via the balance of the signing bonus acceleration.

As it turns out, and as we've confirmed by talking with multiple sources, the Raiders were spreading incorrect information.

The truth is that Walker received an $11 million signing bonus, and he'll get a $5 million roster bonus due in 2009, and the roster bonus is fully guaranteed against injury.

So the guarantee is $16 million, presuming that the Raiders won't decide to cut Walker because: (1) he's healthy; but (2) he's not good.

Also, Walker is scheduled to earn base salaries of $1 million in 2008, $4 million in 2009, $6 million in 2010, $8 million in 2012, $10 million in 2013, and $10 million in 2014.

As a practical matter, Walker's guarantee is actually $17 million, since it's highly unlikely that the Raiders will cut him before the start of the 2008 football season. And if the guarantee is calculated in the way that the Raiders tried to claim that the agents were trying to calculate the guarantee, the total guarantee is actually $21 million.

Why? Because it's highly unlikely that the Raiders are going to carry $9.17 million in dead money between 2009 and 2010, which is exactly what would happen if he's cut next year.

In fairness to the Raiders, they're now acknowledging privately that bad information was disseminated on Wednesday. Setting aside for now the question of whether that impairs the credibility of anything else they ever say from this point forward, we respect them for admitting that the numbers aren't what they said they were.

Besides, the Raiders need no punishment for their error, intentional or otherwise. The fact that the organization has welcomed a brand-new player by trying to understate his deal with bad information will likely trigger punishment enough once Walker comes to the same conclusion in Oakland that he reached after his time in Green Bay and Denver -- that he wants out.

If this is true, the Dysfunctional Nation really has lost it. LOL

[Atwater His Ass]

Let the faid fan spin job begin.

[55CrushEm]

Let the faid fan RE-spin job begin.

Fixed it for you.

[Lestat]

it's protected against injury? wtf kind of nonsense is that(it's smart as sin for the player but dumb for the team

[Bronx33]

A new word has been put in the dictionary just for the raiders organization.

Clusterf***ery

Function: Noun

: a number of similar things that occur together which make no sense:

: a headache that is characterized by severe pain in the eye or temple and tends to recur in a series of attacks but can be cured with laughter or pointing.

: A cluster****ery is any group of Marines big enough to draw enemy fire, or several Marines close enough together to be wounded by the same incoming round. More generically, a cluster****ery was something that was all screwed up, i.e. "That blocking operation was a giant cluster****ery!" Whenever three or more CAP Marines gathered in the open, talking or working on something, somebody was sure to call out "cluster****ery!" and one or more guys would walk away.

: An term to describe the use of a large number of people to accomplish a task. The outcome can be negatively affected when too many personnel are applied.

: A derogatory term used to describe a system or operation that has been totally hosed up by a group of managers who couldn't leave well enough alone.

: Chaos. Anything that is occuring in a haphazardly. The situation is not even thinking about dreaming about having a sense of order. A clustering of items (usually people) in a ****ed up way.

: Term used to describe the state of affairs resulting from too many staffers and not enough TRAINED staffers on a project. This usually happens as a result of a rush or deadline which cannot be met, when managers or planners resort to simply adding warm bodies to the effort out of sheer desperation or incompetence. Also results from having a surplus of supervisors or other overhead-related personnel who cannot actually perform any useful work towards project goals, especially where the prescence or contributions of these people hinders work performed by others.

: The advanced sexual act (usually performed in the 'doggie' position) in which the female (or receiver) swallows a piece of raw bacon tied to a string. At the point of orgasm the male (or giver) yanks on the string; retrieval of bacon and gagging should ensue.

[Inkana7]

You were saying, Raider Bill?

[broncosteven]

You were saying, Raider Bill?

I think he was saying something about it not being his money.

If he actually had his own money he might be concerned when people are careless with their money.

[Northman]

You were saying, Raider Bill?


Raider Bill was saying he likes getting owned by not only his team but the Broncos fans as well on a daily basis. Ha!

[BroncoBuff]

The people Al hires to run that franchise are less savvy than the mean average of OM posters ... ;D

[broncofan2438]

whatever.......**** you javon

[maher_tyler]

whatever.......**** you javon

Both Walker and the Raiders prolly think that there getting payback or something..when Denver will once again have the last laugh!!

[Sim Pilot 4.0]

The people Al hires to run that franchise are less savvy than the mean average of OM posters ... ;D

You give too much credit to the actual intelligence of the posters on this site. The true measure of our fans is always on display on OM when the team goes into a funk. Every season this message board goes into a idiotic tizzy calling for some player to be cut etc. Then we have the John Madden posters who think they can manipulate a salary cap because they played a video game. They suggest trades that would never be accepted by a 2 year old. The dumbest suggestion came right on the heels of the Raiders signing Walker. The suggestion was, it would be better for the Raiders to trade for Walker.

Why would they consider that after he's hit the free agent market? Why give anyone a 7th round pick? That mentality is just plain goofy.

[Atwater His Ass]

Fixed it for you.

Oh yeah, thanks! Hilarious!

[BroncoBuff]

The suggestion was, it would be better for the Raiders to trade for Walker.

Why would they consider that after he's hit the free agent market? Why give anyone a 7th round pick? That mentality is just plain goofy.
Well, by trading for him they couldda paid his Bronco contract, which was considerably less money than they signed him for.


And again ... it is truly disturbing that the amateurs who're running the Raiders are so embarrassed at being taken in by an agent's smokescreen of non-existent interest and their ridiculous signing, that they actually lie to the media the next day to make their foolishness seem less foolish. That's beyond sad - that's disturbing.

I wonder if Al is still able to follow all this, because he would never do such foolish things when he was in charge and running that office every day. And when he castigated Art Shell for having "set us back a decade" by choosing Michael Huff over Cutler or Leinart, I wondered, "why wasn't Al in the draft room?" He may have more serious health problems than we know ... something's not right there.

[Popcorn Sutton]

Where's Raider Bill to explain this one? He seems to have all the answers...

[Inkana7]

Javon Walkout.

[cmhargrove]

I heard Javon in an interview the other day and it went something like this - "Javon has decided that Javon still likes Javon's contract. I know lots of people don't like what Javon did, but Javon really feels like he likes the money. Javon thinks that even if he is on one of the worst teams in the NFL, Javon is ok with that - and the money... Javon says, peace out...."

Anyway, maybe I misquoted a little, but i'm sure the third person part was right on.

[Popcorn Sutton]

I heard Javon in an interview the other day and it went something like this - "Javon has decided that Javon still likes Javon's contract. I know lots of people don't like what Javon did, but Javon really feels like he likes the money. Javon thinks that even if he is on one of the worst teams in the NFL, Javon is ok with that - and the money... Javon says, peace out...."

Anyway, maybe I misquoted a little, but i'm sure the third person part was right on.

That sounds about right.

[Atwater His Ass]

Why would they consider that after he's hit the free agent market? Why give anyone a 7th round pick? That mentality is just plain goofy.


The better question is why give more money to a damaged goods WR that trade or no trade, could have been had for substaintially less money.

[Old Dude]

http://mvn.com/nfl-broncos/2008/03/04/javon-walker-the-next-eddie-kennison/

Can't believe some of the ugly comments this article received.

[jonny1]

http://mvn.com/nfl-broncos/2008/03/04/javon-walker-the-next-eddie-kennison/

Can't believe some of the ugly comments this article received.

Boy, no kidding.

Check out the remarks by this fabulous example of a human being . . .

"Oh yes! fond memories of watching McCaffrey go down. I remember shouting “Stay down you little bitch! I hope you broke your goddamn arm!” and to my delight, it was actually his leg. That little pass interference faking douche bag deserved nothing less."

The scary thought? People like this are allowed to vote and to breed . . . .